Buy now, pay later payment platform Afterpay Touch Group Ltd's (ASX: APT) share price has a one year return of 151.54%, so it's little surprise it was among the best performing S&P/ASX 200 shares last week.
Afterpay shares touched a 52-week high of $21.13 to close off September 6, 2018. It has dropped back since to open today at $13.10, with APT shares up 2.6% to $13.42 in early morning trade.
Afterpay investors are closely following the company's ambitious plans to crack the US consumer market with the UK the "next logical step" for international expansion.
Afterpay will prepare to launch its globally scalable system into the UK within six months.
Lesser known digital payment platform Zip Co Ltd (ASX: Z1P), while eclipsed by Afterpay in terms of market capitalisation, is still one to watch in the sector – particularly as Zip recently announced a partnership with Wesfarmers Ltd (ASX: WES).
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